An industry-wide 6% increase became effective in January due to rising costs for raw material, health care and transportation. Now seeing significant demand for U.S.-manufactured certifications. Plenty of domestic capacity remains if tariffs apply to finished goods as well.
The overall rise in price since July 2017, is 20% with latest increase being 10% implemented 1Q18 driven by rising costs for raw material, energy, transportation and increased wages. The supply chain has been interrupted as China implements environmental control measures.
The American Supply Association (ASA) and its Industrial Piping Division (IPD) is the national organization serving wholesaler-distributors and their suppliers in the industrial and mechanical pipe-valve-fitting industry. As a powerful alliance of channel partners, we provide a forum for your upstream trading partners to exchange critical information and address key issues.
In particular, ASA’s IPD members constantly check the pulse of the materials and commodities they proudly supply to you. ASA’s IPD members are knowledgeable industry leaders, and those who volunteer their service on the IPD Executive Council compile and prepare the IPD Commodity Reports. The Reports contain some of the most current and qualified market data and information available from the industry’s leading manufacturers and distributors about emerging trends and other price-influencing actions and events.
This information is an example of how ASA’s IPD manufacturer and distributor members are constantly looking ahead to ensure you have information and resources you need to be successful. Learn more at www.AdvanceYourAbility.com.